Centene reports profitable first quarter, fueled by Obamacare customers

Published April 25, 2017 3:19pm ET



Centene Corp., a major player in government-backed health coverage, reported better-than-expected earnings results on Tuesday, and credited growth in Obamacare customers as well as its acquisition of rival Health Net.

Speaking in an earnings call about the company’s first-quarter results, chairman and CEO Michael Neidorff said Centene had benefitted from participating in the Obamacare exchanges. The tone was different from some other health insurers who have said they are losing money through the program and have been worried about the uncertainty ahead regarding Republicans’ stated intent to repeal Obamacare.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.